November 15, 2016 / como / 0 Comments
Advertisers adopt various formats of advertising to reach out to target customers. In todays blog, let us briefly talk about a few channels of brand communication that are commonly adopted by brand owners and advertisers.
Television Advertising
Television Advertising is one of the affordable options of promotion that also cater to smaller businesses than one thinks. Television Advertising is a strong medium as it is a combination of two main senses- sound and sight that creates an emotive response on target audiences. A good television commercial delivers a clear brand message that engages those senses. Television Advertising also allows a brand owner to reach a targeted audience of views to maximize leads and branding. Television ads are fondly watched by audiences. In a country like India, television advertising is one of the favourite means of brand promotion for advertisers.
Radio Advertising
Radio Advertising is also an affordable means of brand promotion and has also proven to be the most effective means for delivery of advertisements to targeted audiences. Radio Advertising reaches out to potential customers who are located at a particular place. Radio ads are in fact good to target a locale target audience though it doesnt mean its restricted only to local levels. During national crisis and emergency, radio is one of the mediums that reach out to millions of people. Brand owners also benefit a lot by advertising their products through the various FM channels.
Print Advertising
Print advertising i.e. any print format of brand promotion is one of the conventional means used by brand owners to position their products in the market. The importance of print advertising is still felt in todays time. Most of the newspapers or magazine publishers benefit a lot by selling spaces for print ads. This gives a clear hint how print advertising is still a preferred means of promotion among advertisers.
Benefits of Radio Advertising!
Various advertising channels are available for brand owners to position their brands in the market. Radio is an effective means of advertising a brand, service, cause or business among target audiences. Radio Ads are still popular options of brand promotion for various brand owners and advertisers. Despite competition from other advertising channels such as television, internet, newspapers etc., radio ads are still a chosen means of communicating a brand message to the TG. The benefits of radio advertising are many. In the following paragraphs, let us take a look at three benefits of radio advertising.
Cost Effective
Radio is an inexpensive means of advertising your product among target groups. Especially for small business owners, radio ads are the best means of reaching out to a wider target group. Radio Ads rely on audio effects that provide a lasting impression about the brand on customers mind. The cost of radio ads vary as per the market share of the station. However, as compared to other mediums, radio is a cost effective channel to reach out to a mass target group.
Targets a mass audience
As mentioned above, radio is one of the strong channels of communication that reaches out to a large audience. Radio listening is one of the favourite pass times of individuals. While listening to their favourite programs on the various FM channels, customers also do not miss to listen the brand commercials. Thus, if one is targeting a mass audience through the promotion campaign, radio advertising is the right means to launch the ad campaign.
Focussed and targeted brand message
One more major benefit of radio advertising is that the advertiser can provide a focussed and targeted brand message to customers. One can target specific audiences by choosing which stations to place the advertisements on. Especially for area specific ad campaigns, radio channels are the best means to reach out to customers.
June 17, 2016 / como / 0 Comments
The most important stage of advertising is not the Message creation as many think; rather it is the art of message distribution. The basic tenet of advertising is you cant sell a bad product with good advertising. Having said that, it is also true that even if the advertising message is good and the product is all quite competitive, yet poor media planning can cause severe damage to the product or brand being advertised. So crucial are effective Media planning services for a business.
A Media planning agency is an agency that creates a media plan for a particular advertisement campaign based upon the observation of the universe group and the target group of consumers of a particular product or service in a region, their media usage habits as well as the number of media platforms available to disseminate the advertising message. Careful and well researched observations are made with the help of various Media planning tools which give detailed description of target group and how media platforms can be used to influence their buying decisions. The main aim of a Media planning agency is to provide such media planning services to the client that maximum media impact is created for the product with minimum advertising budget.
Media planning needs objectives
Effective Media planning can only be achieved if the media objectives are well defined. The business or brand which is initiating advertising, should communicate unambiguously, their advertising objectives to the Advertising Media planning agencies. These objectives may be communicated to the Media planning agencies in the form of advertising market reach achieved, brand or product acceptability increased or quantum of sales increased. These objectives need to be in figures so that they can be matched against the outcome of the Media planning services provided by the Media planning agencies.
Common Media platforms
Newspapers and magazines
Television & Radio
Social Media
Outdoor billboards
Search engine marketing
Identifying the Target universe group
Once a Media planning agency is made aware of its media objectives, it sets out to identify the target group for whom the Media planning services have to be focused. For identifying the target consumer group, the media planning agency has put to use many Media planning tools which basically tell them the exact demography of the target group as well as their media usage habits. The number of households or individuals which use one or the other kind of media in a particular location is considered the reach of the media. The target consumer group may be scattered around different media platforms. So a Media planning agency must furnish exact data with the help of available Media planning tools regarding the reach and penetration of various media platforms in a target consumer region.
Factors that define choice of media
Percentage of total population exposed to media.
Which media platform has maximum reach?
Media mix or media concentration?
What should be the frequency of advertisement?
Budget availability
Creating a Media mix
A media mix is combination of various available media platforms in a given region and how they are used for achieving maximum product or brand advertising impact with minimum spending. If money or budget was no constraint, Media planning agencies would have simply bombarded an advertising campaign on all media platforms. But naturally, funds are always a handicap and so the main task of Media planning services is to create a Media-mix that achieves a desired impact by scattering the advertising message across a number of media platforms. For example, Two 10 seconds Ads on three local TV channels daily, five 20 seconds Ads on local FM radio, Daily insertion of advertisement in four local newspapers and multiple billboards across the region.
Advertisement frequency
Another crucial function of Advertising media planning is to determine as to what should be the frequency of advertising in each media platform. The figure is reached at by carefully analyzing the data made available by various media planning tools which disclose the general media usage habits and trends of a given consumer group and then these results are matched against the media objectives set in advance. The frequency of an advertisement campaign is the number of repetitions of an Ad that are required to be visible at least once to the target group in a given period.
Media buying
Once the major tasks of Media planning services are achieved by an Advertising media planning company, the thus prepared Media plan is communicated to the company which needs advertising. On the basis of this media plan and media strategies, a Media buying agency is hired to operationalize the Media plan. Media buying agencies and Media buying Companies are agencies which specialize in buying various media platforms. They have good connections with various Media houses and are wiz at negotiations.
The main task of a Media buying agencies is to buy maximum visibility with minimum spending. In electronic media, Media buying companies try to get best time slots for their clients at the minimum tariffs. In newspapers and other publications bigger space or more prominent space is bought at best discounted rates. Apart from this, a Media buying agency tries to extract as many add-on deals with the media houses which include additional airtime at same cost, Big-events time-slots at no extra cost or free proxy advertising etc.